Schroders urges a cautious approach to Asian markets

A more cautious view of Asian prospects emerged from the Schroder Investment Management briefing, wi...

A more cautious view of Asian prospects emerged from the Schroder Investment Management briefing, with head of Asian equities Robin Parbrook warning against the growing froth in markets. "While easing US interest rate fears are supportive of Asian markets, we feel the current rally may be at an end," said Parbrook. He believes that any slowdown in the US consumer market would significantly impact the Asian export cyclical and manufacturing sectors, many of which are facing significant profit margin pressures. Outlining Schroders' Asian investment strategy, Parbrook observed that traditio...